
Karamtara Engineering IPO
ListedIPOListing at: BSE, NSE • Sector: Pending Review • 705, Morya Landmark II,New Link Road,Andheri (West),Mumbai, Maharashtra, 400053
Disclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
Karamtara Engineering IPO GMP History
Genuine daily snapshots retained by the WeeStox backendDisclaimer: GMP values change dynamically. This data is strictly for educational purposes only and not an investment advice.
| GMP date | IPO price | GMP | Premium | Est. profit / lot | Subscription | Movement |
|---|---|---|---|---|---|---|
| 20 Sept 2026 | ₹254 | +₹46 | 18.11% | +₹2,714 | 66.01x | ↓ Down |
| 14 Sept 2026 | ₹254 | +₹71 | 27.95% | +₹4,189 | 66.01x | ↑ Up |
| 10 Sept 2026 | ₹254 | +₹69 | 27.17% | +₹4,071 | 3.8x | ↓ Down |
| 09 Sept 2026 | ₹254 | +₹72 | 28.35% | +₹4,248 | 1.34x | ↑ Up |
| 07 Sept 2026 | ₹254 | +₹58 | 22.83% | +₹3,422 | - | ↑ Up |
| 05 Sept 2026 | ₹254 | +₹41 | 16.14% | +₹2,419 | - | Flat |
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Karamtara Engineering IPO Details
| IPO Date | 09 Sept 2026 to 11 Sept 2026 |
| Listing At | BSE, NSE |
| Face Value | ₹10 per share |
| Price Band | ₹254 |
| Lot Size | 59 Shares |
| Total Issue Size | ₹875.00 Cr(₹1,255.57 Cr) |
| Fresh Issue | 266.00L shares (₹675 Cr) |
| Offer for Sale (OFS) | ₹200 Cr (approx 2.74 Cr shares) |
| Issue Type | Book Built Issue IPO |
Karamtara Engineering IPO Timetable
| IPO Open Date | 09 Sept 2026 |
| IPO Close Date | 11 Sept 2026 |
| Basis of Allotment | 15 Sept 2026 |
| Initiation of Refunds | 15 Sept 2026 |
| Credit of Shares to Demat | 15 Sept 2026 |
| Listing Date | 17 Sept 2026 |
| Cut-off time for UPI Mandate | 5 PM on 11 Sept 2026 |
| Employee Discount | ₹20.00/share (Up to 52,083 shares) |
Karamtara Engineering IPO Reservation
| Category | Reservation | Shares Offered |
|---|---|---|
| Anchor Shares Offered | 30.00% | 1,03,34,644 |
| QIB Shares Offered | 20.00% | 68,89,765 |
| HNI Shares Offered | 15.00% | 51,67,323 |
| Retail Shares Offered | 35.00% | 1,20,57,086 |
| Total Shares Offered | 100.00% | 3,44,48,818 |
Karamtara Engineering Anchor Details
| Anchor Bid Date | 07 Sept 2026 |
| Anchor Shares Offered | 1,03,34,644 Shares |
| Total Anchor Portion | ₹262.5 Cr |
| Lock-in 50% End Date | 14 Oct 2026 (30 Days) |
| Lock-in Rem. 50% Date | 13 Dec 2026 (90 Days) |
Karamtara Engineering IPO Lot Size
| Application | Lots | Shares | Amount (Cut-off) | Reserved Applications |
|---|---|---|---|---|
| Retail | 1 Lot | 59 Shares | ₹14,986 | 2,04,357 |
| sHNI | 14 Lots | 826 Shares | ₹2,09,804 | 2,085 |
| bHNI | 67 Lots | 3953 Shares | ₹10,04,062 | 4,171 |
Karamtara Engineering Promoter Holding
| Pre-Issue Holding | Disclosed in RHP |
| Post-Issue Holding | To be calculated |
Karamtara Engineering IPO Broker Consensus & Reviews
Institutional and brokerage house recommendations with verified review reports| Broker / Research Firm | Recommendation | Research Report |
|---|---|---|
| Mangal Keshav Financial Services LLP | Neutral | View Review |
| SMC Global | Neutral | View Review |
| Capital Market | Neutral | View Review |
| BP Equities (BP Wealth) | Apply | View Review |
| SBICAP Securities Limited | Apply | View Review |
| Swastika Investmart Ltd | Apply | View Review |
| Ventura Securities Limited | Apply | View Review |
| SMIFS Limited | Apply | View Review |
| GEPL Capital Ltd | Apply | View Review |
| Ajcon Global Services Ltd | Apply | View Review |
| Arihant Capital Markets Ltd | Apply | View Review |
| Canara Bank Securities Ltd | Apply | View Review |
| Choice Equity Broking Pvt Ltd | Apply | View Review |
| DRChoksey Finserv Private Limited | Apply | View Review |
| Marwadi Shares and Finance Ltd | Apply | View Review |
| Bajaj Financial Securities Limited | Not Rated | View Review |
Karamtara Engineering IPO Live Subscription Status
Bidding demand breakdown by shares, institutional demand in ₹ Cr, applications & HNI funding cost| Investor Category | Shares Offered | Shares Bidded | Subscription Times |
|---|---|---|---|
| QIBs | 68,89,765 | 1,65,12,094 | 2.40x |
| HNIs | 51,67,323 | 3,35,90,883 | 6.50x |
| ↳ HNIs 10+ | 34,44,882 | 2,04,80,552 | 5.95x |
| ↳ HNIs 2+ | 17,22,441 | 1,31,10,331 | 7.61x |
| Retail | 1,20,57,086 | 4,22,43,056 | 3.50x |
| Total | 2,41,14,174 | 9,23,46,033 | 3.83x |
Karamtara Engineering Limited Financial Information (Restated Consolidated in ₹ Crores)
| Period Ended | Assets | Total Income | Profit After Tax | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Mar 2026 | ₹4142.24 Cr | ₹4316.36 Cr | ₹228.75 Cr | ₹498.11 Cr | ₹1219.40 Cr | ₹1030.13 Cr |
| 30 Mar 2025 | ₹2762.59 Cr | ₹3165.36 Cr | ₹139.33 Cr | ₹346.83 Cr | ₹982.67 Cr | ₹556.28 Cr |
| 30 Mar 2024 | ₹1844.56 Cr | ₹2427.12 Cr | ₹102.65 Cr | ₹262.93 Cr | ₹552.92 Cr | ₹508.51 Cr |
Karamtara Engineering Key Valuation & Financial KPIs
Karamtara Engineering IPO Analysis
Review the company's key advantages and material business risks.
Strengths & Positives
Competitive advantages and operational merits
Market Leadership in Solar Structures: The company is the largest integrated manufacturer in India by installed capacity for solar mounting structures and tracker components. Its wide product range supports solar, transmission, wind power, and industrial applications, enabling end-to-end solutions for renewable energy projects.
Experienced Promoters and Strong Management: The business is led by experienced Promoter Directors with nearly three decades of manufacturing expertise, supported by a skilled management team. The promoters’ industry knowledge and legacy in the transmission sector have been instrumental in driving sustained growth.
Strong Global Customer Relationships: The company has built long-standing relationships with global OEMs, EPCs, and IPPs, resulting in high customer retention. Being an approved and trusted supplier to leading solar energy companies strengthens its market position and revenue visibility.
Dependence on Short-Term Customer Orders: The company does not have long-term purchase commitments from most customers and primarily operates on purchase orders and short-term, non-exclusive supply agreements. Any inability to consistently secure new orders could adversely affect revenue visibility, cash flows, and financial performance.
About Karamtara Engineering Limited
Karamtara Engineering IPO is a book build issue of ₹875.00 crores. The issue is a combination of fresh issue of 2.66 crore shares aggregating to ₹675.00 crores and offer for sale of 78.74 lakh shares aggregating to ₹200.00 crores.Karamtara Engineering IPO bidding opened for subscription on Sep 9, 2026 and will close on Sep 11, 2026. The allotment for the Karamtara Engineering IPO is expected to be finalized on Sep 15, 2026. Karamtara Engineering IPO will list on NSE and BSE with a tentative listing date fixed as Sep 17, 2026.Karamtara Engineering IPO is set issue price band at ₹241 to ₹254 per share. The lot size for an application is 59 shares. The minimum amount of investment required by an individual investor (retail) is ₹14,986 (59 shares) (based on upper price).JM Financial Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.Refer to Karamtara Engineering IPO RHP for detailed Information.
Shariah Compliance Screening (AAOIFI Standard 21)
Karamtara Engineering IPO Documents & Reports
Official prospectus, reports and regulatory filings| Document Title | Authority / Host | Status | Action |
|---|---|---|---|
Red Herring Prospectus (RHP) Complete offer document filed with ROC & SEBI | SEBI / ROC | Available | View RHP |
Draft Red Herring Prospectus (DRHP) Initial regulatory draft submitted for public comments | SEBI Filings | Filed | View DRHP |
Anchor Investor Allocation Report Allotment list to institutional bidders | BSE / NSE Circular | Disclosed | Anchor PDF |
IPO Allotment Status & Basis of Allotment Registrar query portal via PAN / Application No. | MUFG Intime India Pvt.Ltd. | Live Portal | Check Allotment |
Corporate Website & Investor Relations Official portal and financial reports | Issuer Portal | Active | Visit Portal |
Karamtara Engineering IPO Registrar & Lead Managers
- JM Financial Ltd.
- ICICI Securities Ltd.
- IIFL Capital Services Ltd.
705, Morya Landmark II,New Link Road,Andheri (West),Mumbai, Maharashtra, 400053